Oil States International Inc.’s (NYSE: OIS) board of directors has elected Mark G. Papa as chairman of the board, following the resignation of Stephen A. Wells as chairman. Wells will continue to serve as a director and as a member of the board’s Nominating and Corporate Governance Committee, subject to reelection at the May 2016 Annual Shareholders’ Meeting.
Papa has served as a director of Oil States since 2001. He served as chairman of the board and CEO of EOG Resources Inc. (NYSE: EOG), an oil and gas exploration and production company, from 1999 until 2013. He served as a member of EOG’s board of directors until December 2014. Papa is currently a partner with Riverstone Holdings LLC. He has a petroleum engineering degree from the University of Pittsburgh and a Master of Business Administration degree from the University of Houston.
Wells has served as a director of Oil States since 1996 and as chairman since 2006.
Oil States International is an energy services company that manufactures products for deepwater production facilities and certain drilling equipment. The company also provides completion services and land drilling services to the oil and gas industry.